Negative Effects of Globalization on Developed Nations
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Questions and Answers

What is one negative effect of globalization on individuals in developed nations?

  • Increased quality of life for individuals in developed nations
  • Enhanced communication networks within developed nations
  • Improved balance sheets for corporations in developed nations
  • Decrease in manufacturing jobs due to corporations moving operations to cheaper countries (correct)

    • How has globalization positively impacted the product life cycle of Kinder Eggs?

  • Kinder Eggs are now banned in most countries due to safety concerns
  • Kinder Eggs are no longer produced or sold worldwide
  • Kinder Eggs' popularity has significantly decreased globally
  • Kinder Eggs have continued to be a popular candy in countries like Canada and Europe (correct)

    • How has globalization affected the quality of life in developing nations?

  • There has been no impact on the quality of life in developing nations
  • Developing nations have experienced a decline in economic opportunities
  • Quality of life has generally improved for individuals in developing nations (correct)
  • Quality of life has decreased in developing nations due to globalization

    • What is a corporate effect of globalization on product life cycles?

    <p>Shortened product life cycles due to global competition</p> Signup and view all the answers

    Which statement accurately describes the impact of globalization on manufacturing jobs?

    <p>Manufacturing jobs often move from developed nations to developing nations due to cost considerations</p> Signup and view all the answers

    What is one negative impact of globalization on corporation's balance sheets as mentioned in the text?

    <p>Inflow of plasticwares from Asian nations like China into the Philippines affecting corporation's balance sheets</p> Signup and view all the answers

    How does globalization affect an organization's balance sheet?

    <p>It can result in both positive and negative effects on the balance sheet</p> Signup and view all the answers

    What is a potential positive effect of globalization on the product life cycle of organizations?

    <p>Expanding markets and increasing product demand</p> Signup and view all the answers

    How does globalization impact the product life cycle of corporations?

    <p>It opens up opportunities for rapid product innovation and market expansion</p> Signup and view all the answers

    In what way has globalization positively impacted the quality of life in developing nations?

    <p>Through improving transportation infrastructure and healthcare facilities</p> Signup and view all the answers

    What is a common negative effect of globalization on manufacturing jobs?

    <p>Outsourcing of manufacturing jobs to lower-cost countries</p> Signup and view all the answers

    What is the negative effect on a corporation's balance sheets as mentioned in the text?

    <p>Reduced market share</p> Signup and view all the answers

    How does globalization have a positive effect on the product life cycle according to the text?

    <p>Shortening the product development phase</p> Signup and view all the answers

    What corporate effects on the product life cycle are mentioned in the text?

    <p>Increased product customization</p> Signup and view all the answers

    How does globalization impact the quality of life in developing nations based on the text?

    <p>Improving access to education and healthcare</p> Signup and view all the answers

    What is the impact of globalization on manufacturing jobs according to the text?

    <p>Shift towards automation and technology</p> Signup and view all the answers

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